Jagdish Malkani, Member NSE & BSE is upbeat on HDFC.
Malkani told CNBC-TV18, “It would be straight away the two HDFCs. Evergreen HDFC Bank in the private banking space. It had cross over Rs 700, now it around at Rs 640. I don’t see how you have a situation like Kotak Mahindra Bank, Yes Bank and even Axis Bank. ICICI Banking making major recent year or even life time highs and this blue-chip that continues to pound out 30 percent growth. Going forward a good opportunity and equally true for its senior peer HDFC Limited, nothing wrong with the results and all the embedded value and even HDFC Standard Life has its issue. So, short term itself these pose a very good opportunity in the large cap space.”